The media continues to dwell on the speech given by Comptroller of the Currency’s John Dugan at the ABA’s Regulatory Compliance Conference and Generation Mortgage’s Jeff Lewis continues to fight back.
I think it’s fair to say that Lewis has become the media’s go to guy for reverse mortgage commentary and over the past few […]

Generation Mortgage announced to its brokers that is in the process of working out the details in order to offer a competitive fixed rate HECM utilizing Ginnie Mae’s HECM MBS product. 
Currently the product is available to a select group of brokers in order to fulfill its commitments to Ginnie Mae, but they plan […]

Last night CNBC’s Dennis Kneale spoke with Jeffrey Lewis of Generation Mortgage and Babette Bach, an elder law attorney about reverse mortgages.  In Reverse Mortgages: Next Subprime? they debate whether the government guaranteed HECM program is fueling another bubble.
Lewis does a great job during the debate but I can’t say the same about his opponent Ms. […]

A new article from the Wall Street Journal describes how there is one segment of the mortgage market that is still hot: federally insured reverse mortgages.  In Seniors Drawn to Mortgages That Give Back, Nick Timiraos writes that more seniors are turning to reverse mortgages to supplement their retirement savings, which in some cases […]

A feature story in the upcoming June issue of Mortgage Banking Magazine will report a 31 percent drop in nationwide housing prices since values peaked in the second quarter of 2006. The hardest hit neighborhoods are found in the interior of California, where prices have plummeted as much as 70 percent.
The story reports that while […]

Just weeks after becoming the sixth largest reverse mortgage lender in America, Generation Mortgage plans to hire high-producing reverse mortgage professionals from across the country said a company statement. 
“Despite the economic downturn, Generation Mortgage has experienced dramatic growth during the first quarter of 2009. We’re seeking successful, experienced producers with proven results to […]